Canoo Inc. reached the public markets through a business combination with Hennessy Capital Investment Corp. IV (Nasdaq: HCIV), a blank-check company sponsored by Hennessy Capital Group that completed its IPO in 2020 with a focus on the electric vehicle and clean transportation sector. The August 2020 8-K filing disclosed the execution of a definitive merger agreement between the two companies, marking a significant milestone for the EV startup, which was developing multipurpose electric platforms for consumer and commercial applications. The deal closed in December 2020, with the combined entity trading on Nasdaq under the ticker GOEV. Canoo subsequently faced sustained operational and financial difficulties, ultimately filing for Chapter 7 bankruptcy in January 2025. Sign up for full data on SpacDesk to access complete filing histories, sponsor profiles, and deal analytics across the SPAC universe.